Tuesday, Nov 10th, 2009
Families will pay a new levy on electricity bills for at least the next 20 years to fund technology designed to capture the carbon from coal-fired power stations.
The Government is planning to raise £9.5 billion from the levy to subsidise up to four carbon capture and storage (CCS) demonstration plants. Details of the first plant will be announced early next year. The Department for Energy and Climate Change said yesterday that uncertainty over the commercial viability of CCS meant that public support might have to continue beyond 2030.
The Government is promoting CCS to justify approving new coal plants to replace the eight due to close by 2015 under European rules on air pollution.
Burning coal produces far more carbon than burning gas for the same amount of electricity but ministers want to build new coal plants to reduce Britain’s dependence on imported gas.
“When the people find they can vote themselves money, that will herald the end of the republic.” – Fall Of The Republic – Buy the DVD here
This article was posted: Tuesday, November 10, 2009 at 4:41 am